THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE REPORT & ACCOUNTS YEAR ENDED 30 SEPTEMBER 2024
Charity No : 211547
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE FOR YEAR ENDED 30 SEPTEMBER 2024 CONTENTS PAGE Page Charity Information Trustees Annual Report Independent Audltors Report 12 Statement of Flnanclal Activltles 16 Balance Sheet 17 Notes to the Flnanclal Statements 18.25
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE CHARITY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2024 Trustees Rev.Andrew Dand (ex-officio) Angela Wallis Robert Coomber David Muir Mark Cosstick John Sawyer Wendy Fazey Deidre Higgins Tan Afzal Paul Lovell Nicholas Robinson Alison Rock18y (Resigned) Bridgett Goodman (Resigned) Audltor J Stuart Thomson MA, CA, FCT, ATT, MCSI Johnsons, Chartered Accountants Ground Floor 1-2 Craven Road London W5 2UA Bankers CAF Bank Ltd 25 Kings Hill Avenu8 Kings Hill West Malling Kent ME19 4JQ Investment Advlsers Walker Crips Stockbrokers Ltd. Old Change House, 128 Queen Victoria Street, London, EC4V 4BJ Page I
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Reference and Administratlve Detalls of the Charlty, Its Trustees and Advisers The Eleemosynary Charity of William Hobbayne (Charity Number 2115471 is also known as the Charity of William Hobbayne. The principal and administrative address of the charity is The William Hobbayne Centre, St. Dunstan's Road, London W7 2HB. The Trustees of the charily during the year ended 30 September 2024 were :. Rev.Andrew Dand (ex-officio) Angela Wallis Robert Coomber David Muir Mark Cosstick John Sawyer Wendy Fazey Deidre Higgins Tan Afzal Paul Lovell Nicholas Robinson Alison Rockley {Reslgned} Bridgett Goodman (Resigned> The Ex-officio Trustee Is the Rector of the Parish of St Mary's, Hanwell. The other Trustaes are all Co- Opted and are appointed for a period of 4 years. They are eligible for re-appointment. structure, Governance and Management The charlty Is a Relief in Need Charity and was founded in 1484. It is governed by a Charity Commission Scheme dated 24 June 1991 amended by fLJrther scheme dated 17 November 1999 and resolutions dated 31 July 2006 and 14 March 2012. The Trustees are body corporate under Certificate of Incorporation dated 4 February 1994. The Board of trustees, when complete, consists of: One Ex-officio trustee who is the Rector of the Parish of St. Mary's. Hanwell. No fewer than 10 and no more than 12 Co-opted Trustees who are appointed for a term of 4 years by a resolution of th8 Trustees passed at a special meeting. The major risks to which the charity is exposed, as identified by the Trustees, are regularly reviewed and systems and procedures have been established to manage those risks. Page 2
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Members of Staff Staff Member: Role.. Sienna Pulati Clerk Staff Member.. Role.. Charlotte Carotenuto Assistant Clerk Staff Member.. Role: June Martin Outreach worker Staff Member.. Rol8: Mary Gill Property Manager Staff Member.. Role.. Sue Munday Administrator Staff Member: Role: Anne Little Assistant Changes to personnel between 1 st October 2023 to 30th September 2024 Anne Llttle moved from Clerk position to assistant, working casual hours. Sienna Pulati joined as Clerk. Page 3
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Objectives and Activities After paying for the cost of maintaining the property of the charity and expenses incidentsl to the administration and manag8ment of th8 charity, the charity's objects are:. 3.1 To pay the following specific sums, or other amounts as the Charity Commissioners shall from time to time approve, annually :_ al £7,500 to the Churchwardens and Deputy Churchwardens for the time being of the District served by the parish church of St. Mary's Church, Hanwell for the maintenance of the bells and bell ropes and subject thereto towards the repair of the parish Church. b) A sum of £25 to the Rector of St. Mary's Church, Hanwell for preaching a sermon on the life of William Hobbayne and the work of the Charity. cl A sum of up to £8,000 to the Trustees for the time being of the Education Charity of William Hobbayne for the purposes of that Charity. 3.2 To apply the income in relieving either generally or individually persons resident in the Civil parish of Hanwell and are in conditions of need, hardship or distress. If the income cannot be applied in that manner it may be applied in relieving, either generally or individually, persons residenl in the London Borough of Ealing who are in condition of need, hardship or distress. If and so far as the income cannot be applied in the manner aforesaid, the income may be applied for such charitable purposes for the general benefft of the inhabitant of the London Borough of Ealing as the trust@8S think fit. The assets of the charity comprise a fund of investments, the property at 25 Golden Manor, Hanw811, the propety at 18 St Mark Road, Hanwell, the property known as The William Hobbayne Centre, St Dunstan's Road, Hanwell and three pieces of land being the Billets Hard Allotments (including severed land on Ihe other side of the River Brent on Fitzherbert Walk and Known as Billets Hart Copse), William Hobbayne Community Garden, St Margarets Road, W7 and land North West of Connolly Road, known as Hobbayne Half Acre Field. Achlevements and Performanco Organlsatlonal and Indlvldual Grants Our Community and Grant team are continuing to arrange meetings with local groups supporting those in need. They discuss grant applications in detail and explain our administrative process. They guide through and support applications prior to Trustee approval for individual and organisational grants. An important part of their role is to connect groups together who in turn can support each other. During the year the Charity provided individual grants after sponsor assessments to individuals in need, hardship and distress. and to a variety of organisations and groups. Page 4
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 4.2 Community Support and Engagement The Charity continued to support the community through project support, events and networking. Befriend celebrated its 30th Anniversary with a hugely successful event at the Cenlre, altended by the Mayor, befri8nd staff, and community residents who benefit from their valuable services. The room was packed, and the Charity provided vintsge afternoon sets and additional support to help them deliver a memorable celebration. The Charity and the Goodgym supported the 'Shelter from the Storm, charity 8V8nl. Led by a resldent, we assisted with door donations, raffle ticket sales, and event logistics, helping them raise £675 for the homeless charity. Emergency requests for urgently needed children's clothes continued throughout the year from our Volunteer Social Worker and the community. particularly during seasonal changes. Thanks to the generosity of locals, we received immediate donations in response to our call outs. We began a Hobbayne Recycling Group, enabling us to put out donation requests as needed. Clothing and book donations continue into the Charity, and we are distributing them across the community. Toys donated to the Charity were shared in the community throughout the year and this was helpful during school holidays. Bunni8s Nursery Charity also reGeived some toys for their sessions. The toys on top of their recent successful grant application are making a differ8nc8 in supporting their work especially given funding constraints. Billet's Hart Allotments donated masks and sanitiser, which we dlstributed to thos8 in n88d within the community. The Head of Cost of Living at Ealing Councll vlsiled the Centre to view our premises and discuss our work. The Charity offered free rental to Ealing Council for a regular slot in the Community Suite to enable support sessions for residents at the Centre. The Sessions would offer vital coStf-11vIng information via the Cost-of-Living team. The Charity prepared for its first Christmas Fair that was to tske plac8 in December 2024 to support local artisans and small business, with lots of information and activities for families. The event was to be supported by local musicians and volunteers. A Gong Bath was arranged forourvolunteers at the Centre. Th8 session was well attended and received positive feedback from the group, who appreciated both the experience and Ihe recognition for their efforts. Ealing Alternative Provision who supports students excluded from mainstream school shared detsils and photos of the kitchen equipment purchased using their grant from Trustees. The project is proving to be extremely successful. The Charity team attended the Light Up the Meadow event, hosted by the Katherine Buchan Meadow. It featured carol singing, mulled wine, and mince pies. The event was originally set up by the Charity and continues as an annual much-loved event. Following an invitation from Ihe King's Representative in Ealing, Richard Kornicki. our office team attended the King s visit to Ealing Broadway Shopping Centre. Details remained confidential until just minutes before the visit. With only a few days, notice, it was a whole-team effort preparing an information board and presentation. We had the opportunity to discuss the Charity's work, and the King was impressed by the Charity's history and dedication to green spaces. Page 5
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The Charity supported another successful Bums Night run by residents at the Centre. Eighty people enjoyed a fantastic Scottish celebration. The £685 profit was donated to the kitchen fund. helping to keep our community events well-equipped. The Charity received a Ihank-you letter from the priest at Our Lady of the Visitation Church, Greenford, expressing appreciation for kitchen equipment donated. The team attended the West London Islamic Centre's Annual Unity Iftar. The Charity and its volunteers were invited for a tour of the centre and met with members of the congregation. Everyone had an opportunity to get to know each other and the work we are all doing in the community. The evening ended with a shared meal. The Charlty continued loaning equipment to local events and organisations, receiving increasing requests lo support charitable events and fundraisers. We continue to build up a stock of event equipment for loan, primarily from community donations or kitchen equiprnent fundraisers. Household clear-outs led to donations - some for the Centre, others for St Thomas, Church, and for Greenford Homeless Breakfast Club. The Easter Bunny arrived in Hanwell, thanks to Trustees. efforts, ensuring that local children received Easter treats over the holiday weekend. Our Volunteer Social Worker assisted with distribution. We met with a local Scout group, offering advice on funding and marketing their scout hut for local group hire. We hosted our Quiz Night at the Centre. Residents delivered together a fantastic Community event, raising £1,096.54 (after expenses) for greening projects. Each year the Charity applies for London Marathon charity places. AppliGalions are highly competitive, and w8 have not been successful to date. The Charity played a key role In helplng Hanwell's Local Historian rais& the £900 necessary to k8ep collating, printing and exhibiting his work. Following the Charity's initial grant of £500, the community rallied around and additional funds were raised through a cake sale at the Centre bringing in £208, with remaining cakes sold lo volunteers for £20. The Charity proudly supported the Your Voice, Your Town event, hosted by Ealing Council at the Centre. We broughtlogether local Hanwell groups, showcasing community services and volunteeropportunities. Residents engaged with various organisations, learning more about available resources. The Charity partnered wilh Marshall Amp suppliers, offering use of our car park on Hootie afternoon. In return. they donated a portable speaker for our events. The Charity gathered data on shifting needs in Hanwell and Ealing. Our goal was to collate insights into community need, and also to help with the Charity's annual planning and strategies. The Charity's William Hobbayne School Awards at St Mark's School ti)ok place on 18th July and the Charity presented six awards to deserving students. There was a presentation of the Charity's history, highlighting its ongoing support for the school. One boy and on8 girl received awards in each of thr88 categories.. Sports Award, Progress Award and the William Hobbayne Award for All-Round Contribution to School Life. We completed online training with the Foodbank, ensuring w8 could continue issuing food vouchers to those in need. The Foodbank's IT systems had evolved significantly, with newtraining sessions enabling partners to issue vouchers independently for efficiency and accessibility. Page 6
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The inaugural Hanwell Ukulele Festival took place with the support of a grant from the Charity. Organisers were grateful for the Charity's support, which helped expand the event and provide tutors for individuals with learning difficulties. Over the summer, the Charity initiated weekly calls and meetings for The Community Charter, a collaboration with Ealing Council. These sessions aimed to capture knowledge from experienced community organisations and individuals, helping the Council establish stronger connections via surveys, emails, and workshops. The outcome will be a Charter, representing how the Council and Community could work together to build supportive relationships. We received a speclal thank-you from North Hanwell Baptist Church, expressing appreciation for the Charity's support and grant for another successful family fun day at the Church. Ealing Wildlife Group contacted us about replicating our Queen's Award for Voluntary Service celebration at the Centre, following their receipt of the King's Award for Voluntary Service. We liaised with their team to assist with event resources, afternoon tea sets, and volunteers. Hall Usage This William Hobbayne Community Centre is used by a variety of groups, The Middlesex Association for the Blind use the Centre for their Job club which includes a dedicated room for specially adapted computers and for their monthly coffee mornings. W88kly Maths,English and Art tultlon classes take place, Mosaic weekend courses. Community Events including a Quiz Night, Burns Night and other ad hoc events. Weekly groups include Dementia Concern, NHS, Irish Group, Hanwell Neighbourly Care, Line dancing, board games, yoga, Taekwondo, Pilates, Zumba, Aerobis and Tai Chi. In addition, meetings take place for th8 Women's Institute, Olde Hanwell Residents Association and Councillorfs surgeries. A local theatre and a local ukulele band have used the Hall for rehearsal space. The local Rotary Club have used the Centre with subsidised rates for their fundraising quiz nights. The Centre was used as a polling station for the local Elections. AGM meetings took place for Hanwell's Allotment groups and the Woodcraft Folk. Hanwell Camival used Ihe Centre for their volunteer recruitment. Th8 Charity assisted with the event helping to decorate, providing refreshments and generally were on hand to support them. Page 7
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Green Spaces The Charity frequently meets with local Rangers to discuss local green initiatives. We covered tree and pathway issues at Connolly Dell. along with concerns about anti-social behaviour. Japanese knotweed had been found at both Half Acre Field and Fitzherbert Walk, and trealment was scheduled. Thames 21 worked actively on Hobbayne Copse (part of Fitzherbert Walk), and we brought corporate groups in to maintain the woodlands. Drug users continued to be a challenge in Hanwell, with an increase in homeless individuals across local green spaces. We worked closely with Rangers as we took advantage of spring w8ather. 8nsuring safe use of our sites while promptly clearing litter and drug paraphernalia. Rangers and the Charity continued reporting cases and supporting those in need through Stre8tlink. The summer posed challenges, as drug use increased dramatically around Fitzherbert Walk and Brent Meadow. The Charity remained looped into progress reports with Rangers, Police, and local Councillors, ensuring the Charity stayed informed in case Ihese issues impacted our work and users of our sites. 4.4.1 Billets Hart Allotment Assoclatlon Annual Report 2023-24 Occupancy was high, 1000/0 in the height of summer, though two full plots Were then vacated and relet in the following year. It was a damp summer which hindered growth of crops and maintenance of the plots, but 23 Septemb8r will live in infamy because plot holders in the lower r8aches lost their crops and had their sheds and raised beds seriously damaged by water inundation from the River Brent. It was the worst flood on the site since 1990. We suffered a break in on 25 July. Our Slihl chainsaw was stolen. Work parties were well-altended and great work was done. The orchard was cleared effectively by external contractors. Communal paths were kept trim, and paths mown. The gale sale of produce was spectacular success for minimal outlay. Plotholders had fun al social events.. an autumn barbecue (with many youngsters present thanks to an early slart), a splendid bonfire and Christmas social, all well attended. The association ended the year with assets of £5,059 after significant inv8Stments, including a cordless chainsaw, cordless strimmerlbrush cutter, and extendable secateurs. The Charity of William Hobbayne is pleased to continue supporting the Association 4.4.2 William Hobbayn• Communlty Gardens The Community Gardens saw a high tumover of plots - 15 changed hands this year. This was in part due to introduction of new paddock plots at Billets Hart Allotments. Occupancy is rising again. Summer 2024 was damp and the slug populalion on site was a significant problem. Lols of crops were lost and this was disheartening for plot holders. The gardens also suffered from tomato blight which spread through the site rapidly. The communal paths were laid to woodchip and work was done with success to extend the drainage away from plots at the lowest point on site. Working parties were better attended as 2024 progressed and useful work was carried out. A new WhalsApp group to better communicate support8d this with a significant positive impact on the engagement of plot holders overall. Page 8
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The association ended the financial year 2024 wilh assels of £4911.14 after significant investments were made on clearing paths of grass, pruning fruit trees and the purchase of a new mower and strimmer. 4.4.3 Hobbayne Half Acre Field The Hobbayne Half Acre Field was licenced again this year lo Haven Wood Forest School. They ran a variety of activities on the site over the year including half-term camps some for special needs children and for children between 7 and 13. There were sessions for family groups, yoga and the site was used by a variety of charities with the support of the team. As temperatures dropped, the team conlinued making full use of the site until il was no longer viable for outdoor activities. Litter picking and site maintenance sessions were held throughout the year. In July, the Charity liaised with Thames Water. securing drain replacements on the footpath next to Hobbayne Half Acre Field. The Charity liaised with Thames Water and Councillors lo improve the footpath next to Hobbayne Half Acre Field, which has requir8d extensive repairs, including to the drain beneath it. Unfortunately, flash flooding over the summer damagad the drain and there was a sewage overtlow. In September, flooding remained a concem for the community. Naest Bank jolned the Charity on Hobbayne Half Acre Field, to help plant a hedgerow along the footpath between the Field and Connolly Dell. They managed to plant 600 hedgerow trees in a slngle day. This area had been a persistent hotspot for antisocial behaviour, with dumping and drug use. Over time. we have explored various solutions. We hope a dense hedgerow will seNe as a natural deterrent. January and February's harsh weather impacted our sites, but thanks to dedicated efforts from Rangers, the Environment Agency, and local groups, we tackled fallen trees at Hobbayne Half Acre Field and Connolly Dell. We also worked with local Rangers and secured their removal by Network Rail, due to health and safety risks. Where possible we created wood logs for seating and natural habitats for wildlife including stag beetle loggeries. Drug-related litter at the Field became a concern, but Haven Wood and LAGER Can worked to clear rubbish, with Goodgym's support litter picking. Keeping the site clean wa5 crucial particularly ahead of Forest School family sessions. 4.4.4 Wllllam Hobbayne Copse The process of thinning trees on at the William Hobbayne Copse on Fitzherbert Walk began in October. Thanks lo successful planning and maintenance, nearly all trees survived. Taking guidance from local Rangers, we worked with Ealing Council and the Hands On London Charity to offer corporate team- building volunteer opportunities. Work on the site will continue. 4.4.5 Thè HANGOT slt8 Hanw811 and Norwood Green Orchard Trail (HANGOT) needed their own space for activities and as a base to their operations. The Charity created a compound on ils land for HANGOT at the Community Gardens in December with renewed fencing and a new shed. In January, the HANGOT site became fully operational. After we handed over the keys, they moved in and settled. We welcomed them officially on 10th February with tea, biscuits, and support from the Goodgym at their volunteering day. 4.4.6 Mayfield Primary School Mayfield Primary School expressed interest in involving children in meaningful community projects. Heavy-duty site maintenance limited their options, but after speaking with Sean Mccormack (Ealing Page 9
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Wildlife Group), we devised a biodiversity project next to the school. The plan included new ponds, habitsts, and wildlife moniloring using pond dipping equipment. Estimated costs were £2,000, covering a mini digger rental, native plants, bird and bal boxes, hedgehog footprint traps, and ideally, a trail camera. This project has long-term benefits and will involve students every year. The project launched in the summer with a presentation we attended at the school and a visit to the future pond site. 4.4.7 Water actlvltles and Communlty Gardens extension Outdoor activities can be very beneficial for mental health. Therefore, alongside our established hosting ofthe Forest School and growing spaces for young and old, we have continued lo work towards clearing some of our land at the Community Gardens to facilitate canal-based water activities. The volume of rubble and rubbish was staggering, requiring multiple skips for removal before we could prepare the land for its new purpos8. Once cl8ared, we began work on dividing the space and arranging for the new 'guests'. Key site updates included: New sealed gate Cleared site New fence onto canal New gate into the Community Gardens We have created a budget to continue with this and actlvely sought match funding. 4.4.8 Chrlstmas Toy Appeal In November, the Toy Appeal was well underway, with numerous gifts coming through. Call-outs were made to specific resident groups and organisations to help meet demand. December was a busy month for our Toy Appeal, wilh donations, deliveries, and Colleclions taking place across Ealing. We collaborated with Ealing Foodbank, local organisations, and individual families to gather as many donations as possible. Doyle Estale Agents played a key role, allowing people to drop off toys throughout the week, which Increased the number of gifts collected significantly. 4.4.9 Chrlstmas party for care leavers The Christmas party for young people who had left the care system but had no family to spend Christmas Day with again took place in th8 main hall on 25th December the hall was beautifully decorated, and th8 party was a great success. Each guest received a Christmas lunch, gifts, and enjoyed a day of fun and games. 4.4.10 Website Blogs The Charity ha5 Continued to highlight its activities through regular website blogs and also uses the platform to provide information to promote local organisations and services. Page 10
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Financial Review General The Charity has recorded a net income of £131,438 {2023: £22,825) for the current financial year. Reservos Policy The charity maintained the unrestricted reserves amounting to £88,735 {2023.. £88,735) which the Trustees deem are sufficient. The charity has set aside funds to meet any emergency maintenance needs at its properties, with reserve funds held for each of 25 Golden Manor, The William Hobbayne Centre, Billets Hart allotments and the Community Gardens. Any regular or planned maintenance will be met out of income. Plans for the Future It is hoped Ihat the outreach work of the Charity will continue to identify new ways in which the charity Can work with local charities, organisations, and individuals to meet the growing local need for assistance to combat need, hardship and distress, Approved by the Trust86S O .23July 2025 and signed on their behalf by Name.. Page 11
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Opinion We have audited the financial statements of The Eleemosynary Charity Of William Hobbayne {the'charity') for the year ended 30 September 2024 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial statements- give a true and fair view of the state of the charity's affairs as at 30 September 2024 and of its incoming resources and application of resources, for the year then ended- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,; and have been prepared In accordance wlth the requlrements of the Chariti8s Act 2011. Basls lor oplnlon We condu¢t8d our audit in accordance with International Standards on Auditing (UK} (ISAS {UK)l and applicable Saw. Our responsibilities under those standards are further described in th8 Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordanc8 With the ethical requlr8ments thal are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical standard, and we have fulfilled our other ethical responsibilities in accordance Wlth these requiremenls. We believa that th8 audit evidenc8 we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the pr8paration of th8 financial statements is approprlate. Based on the work we have performed, we have not id8ntified any material uncertaintles relating to 8vents or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial ststements ar8 authorised for issue. Our responsibilities and Ihe responsibilities of the trustees with respect to going concem are described in the r8levant sections of this report. Other Infomiatlon The trustees are responsible for the other information. The other infomation comprises the information included in the Annual R8POrt, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the flnancial statements does not cover the other information and, except to Ihe extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other informalion and, in doing so, consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in Ihe audit or othetwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 12
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Matters on which we are r8quired to report by exception We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion.. the information given in the Report of the Trustees is inconsistent in any material respect with the financial stalements., or sufficient accounting records have not been kept,. or the financial statements are not in agreement with the accounting records and returns; or we have not received all the information and explanations w8 require for our audit. Responsibilitles of truslees As explained more fully in the Slatement of Truste8s' Responsibilities. the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary lo enable the preparation offinancial statements that are free from material misstatement, whether due to fraud or error, In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either irstend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Audltor's responslbllltles for the audlt of the flnanclal statements We have been appointed as auditors under Section 144 of the Chariti8s Act 2011 and report In accordance with the Act and relevant regulations made or havlng effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are fr88 from material misstat8menl, whether due to fraud or error, and to issue a Report ofthe Ind8pendent Audltors that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance wilh ISAS {UKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably b8 expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are Instances of non-compliance with laws and regulations. W8 design procedures in line with our responsibilities, outlined above, to detect material misslatements in respect of irregularities, Including fraud. The extent lo which our procedures are capable of detecting irregularit18s, including fraucl is detailed below.. Extent to which the audit was considered capab18 of detecting irregularities, including fraud. We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. Identification and assessment of potential risks In identifying and assessing potential risks related to irregularities in identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non- compliance with laws and regulations, we conducted: Meetings throughout the yearwith those charged with govemance and who review the charity's internal ethics and compliance reporting summaries, including Ihose concerning investigations. Enquiries of management, including obtaining and reviewing supporting documentation, conceming the charity's material policies and procedures relating lo- identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance relating to the detecting and responding to the risks offraud and whether they have knowledge of any actual. suspected or alleged fraud., and the internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations. Our reviews of the charity's remuneration policies, and key drivers for remuneration and bonus levels. Our assessment of the influence of public officials over the operations of the charity including any material transactions with related parties and key individuals,. and Discussions among the 8ngagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. The engagement team includes the Audit Director and staff who have extensive experience of working with charities in the same sectors as the charity, and this experience was relevant lo the discussion about where fraud risks may arise. 13
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Risks arising from legal and regulatory frameworks We are also required to perform specific procedures to respond to the risk of management override. We also obtsined an understanding of the legal and regulatory frameworks in which the charity operates, focusing on provisions of those areas that had a direct effect on the determination of material amounts and disclosures in the financial stalements. We did not idenlify any material audit malters related to the potential risk of fraud or noncompliance with laws and regulations from our work.. Reviewing management override of controls. Testing the appropriateness of journal entries and other accounting adjustments. Assessing whether the judgements made in making accounting estimates are indicative of a potential bias., and Evaluating the business rationale of any significant transactions that are unusual or outside Ihe normal course of business. We also communicated our assessment of the relevant laws and regulations and potential fraud risks to all engagement team members including internal specialists and significant component audit teams and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. Because of the inherent limitations of an audit, there is a risk that we will not delect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also grealer regarding irregularities occurring du8 to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission, or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uklauditorsresponslbillties. This description forms part ofour auditor's report. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 14
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Use of our report This report is made solely to the Charity's trustees, as a body, in accordance with Part4 ofthe Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might stste to the charity's trustees those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. J. Stuart Thomson (Senior Statutory Auditor> for and on behalf of Johnsons, Chartered Accountants, Statutory Auditor 1-2 Craven Road Ealing London W5 2UA Dale: 15
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 Unrestricted Endowment funds fvnds Total 2024 Total 2023 Not•s Incomlng Resources In¢omlng resources from generated funds . Investment Incomè 165.759 165.759 153,697 Incomo from charitabl8 adivili$$ 102.240 102.240 106,299 Totsl InGomlng resourcos 267,999 267,999 259,996 Rèsour¢•s Expended Raising fvnds Charitable acllvilles Note 4.1 62,013 62,013 74,630 Note 4.2 212,240 212,240 185,860 Other Note 4.3 857 857 Total r•$our¢•s expended 275,111 275,111 260,491 Nel income before investment galnslllossesl Gain81(lossesl on investments 17,1121 {7,1121 14951 88,511 88,511 23,320 Net Incom• 81,399 81,399 Gainsl{lossesl on investment properties Not movernont In funds 131,399 131,399 22,825 Total funds brought forward 88.735 7,195,505 7,284,240 7,261,415 Total funds carrlod forward 88,735 7.326.904 7,415,639 7,284,240 Page 16
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE BALANCE SHEET AS AT 30 SEPTEMBER 2024 Notos Unrostrictod funds Endowmgnt funds Total 2024 Total 2023 Flxed Assets Tangible assets Investments Investment land and prop6ty Note 8 Note 9.1 Note 9.3 1.906,811 1,013,470 4,350.000 1.906.811 1.013.470 4.350.000 1,906.811 924.959 4,300.000 Total fixed assèts 7.270.281 7,270,281 7,131,770 Curront Assets Debtors Cash al bank and In hand No16 10 Note 12 37.119 48,802 37.119 137,537 44,998 157,506 88,735 Total current assets 88,735 85,921 174,656 202,504 Credltors '. amounts f8111ng due hln one year Note11 29,298 29,298 50,034 N•t curr•nt a$••ts 88,735 56,623 145,358 152,470 NET ASSETS 88,735 7,326,904 7,415,639 7,284,240 Notes Incom• funds Endovnnont funds Total 2024 Total 2023 Roprefjented by . Capltal Funds Permanent endowment funds Expendable endowment funds Note 13.1 Note 13.1 1,699,789 5,627,115 1,699,789 5,627,115 1,649,789 5,545,716 Total capltal fund• 7,326,904 7.326.904 7,195,505 Income Funds Restricted Funds Unreslricled funds Note 13.2 88,735 88.735 88,735 Total Income funds Note 13.1 88,735 88,735 88,735 TOTAL FUNDS 88,735 7,326,904 7.415.639 7,284,240 Signed by trustèos on behalf of all Ihe trustees on ............................ Name.. Paul Lovell Nam8.' John Sawyer Page 17
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accountlng policles.. Basis of accountlng The financial statements of the charlty. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charili8s'. Statement of Recommended Practice applicable lo charities praparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191,, Flnancial Reporting Standard 1 Q2 The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial slalemenls have been prepafed under the historical cost convention. Golng Concèm Having assessed the principal risks and other mattgrs in connection with the going Conern of the charity, the Truslè8S consider Il appropriate lo continue lo adopt thè going coneern basis of accounting in preparing these financial statements. The charity is in a nel assgt position al year ond and has ad8quale resources lo meet ils financial obligations wh8n they fall due for a period of at least 12 months from the dale of signing of th8 financial st81gments. Incomt and Expendlturè Investment income comprf8es dividends frorn investments, bank interest recgived and ronl from the investment properties held by the charity. Other incoming resources comprlse donallon5 and grants for specific projects or purposes. Exp8ndllur8 Is classified based on the requirements of th8 charftls principal sourclng of funding and is detailed in nolg 4. There has been no offsetting on income and expens9s unless r9quired or MillI•d by lh8 Charilles SORP. 3.1 TangSbl8 Flxed Ass•tJ Tangible fixed assets consist of.. These comprise the following.. The William Hobbayne Centre sialed al cost. The frèèhold building al William Hobbayne Centre is not depre¢iot¢d as il has an eslimaled economic life exceedlng SO years with a hlgh r8sidual valu& and Is kept In a go¢)d slate of repalr. The Hobbayne Half Acre Field sile comprisos hisloric land held by the Charity with no known cost. This compri$88 improvemen18 and exlenslon work on Ihg Wllliam Hobabyne Cènlre. Allolm8nls & ard ns the Blll81 Hart allotment land was rovalued previously at £580,000 which is taken as ils deemed cost on transition lo FRS102. - the Hobbayn& Communlty Gardens Is slated al its cost of £97,990. The allotments and gardens being land are not dfjprg¢ialed. Ixtu nl Fixlures,filling & gquipmgnt at the William Hobbayne Cenlw are slated at cost less depreciation. Depreciallon Is provSdgd al the annual rate of 250k on 8 slr8ighl lino basis in order lo write off the assets over Ihgir estimated useful lives. 3.2 Investments Investments are initially Tecognised at Ihelr purchase cost and subsequently measured al their faSr valve using the quoted market price 81 Ihg reportlng date. All gains and losses arising on rev81ualion and disposals during the year are taken to the Ststement of Flnanclal Actlv4ti8s. 3.2.1 Investment propertle$ Inveslmenl properties are measured al fair value al the B818nce Sh901 data wth gains OT losses in fair value being recognised in the Slalemenl of Financial Aclivilies. No depreciation is provided on Ihg investment properties in accordance with FRS102. Page 18
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 3.3 Taxation As a non-profit making body, the charity believes that il is exempt from all forms of laxalion other than VAT. The charity does not make taxable supplies of goods or services and is therefore not required lo be r8gislered for VAT. The charity is unab5e lo recover input lax, where this is charged, and this lax is included within relevant items of expenditure. 3.4 In¢omo All income is recognised in the Statement of Financial Activities once the charitabl8 income has entillemenl lo the funds, il is probable that the income will be reeèivèd and the amount can be measured r8liably. 3.5 Exp8ndlturn Expenditure is recognised once there is a legal or conslruclive obligation lo transfer èconomic benefits to a Ihlrd party, il is probable that a transfer of economic benefits will bg requirod in settlement and the amount of the obligation can be measured reliably. Page 19
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Resources expended The charity has analysed its resources on the basis provided by the SORP The main items of expenditure are summarised below 2024 2023 4.1 Cost of generatlng funds Mainlenancelrefurbishment of 25 Golden Manor Maintenance of William Hobbayne C8ntr8 Maintenance of Billets Hart allotrn8nts 31.940 18,328 11,745 62,013 38,497 24,591 11,543 74,630 4.2 Charltable Actlvltles l. Actlvltles In furtherance of the charl1$ objectlves Outreach worker costs ActSvitl8s at William Hobbayne Centre Loby maintenance 19 15,300 238 13,517 2,493 16,248 15,319 11. Support Costs Salaries (including tax and pension) Other Office costs Investment management fe6s 71,950 10,175 59,302 9,610 260 69,172 82,124 111. Governance Audit & Accountancy 21,026 21,026 5,058 5,058 IV. Grants Mado 93,772 93,772 95,382 95,382 Total expendlture on Charftable Actlvltles 212.240 185,860 4.3 Mlscellaneous costs re other land Community Gardens and Half Acre Field 857 Fees for examlnlng the accounts A sum of £3,000 has been allowed for th8 preparation of the a¢¢ounts for the year ended 30th September 2024. Staff costs 2024 2023 Salaries Pension 70,720 1,230 71,950 57,485 1,817 59.302 No. No. Average number of employees Page 20
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Grants Made 2024 2023 Grants made to institutions Grants made to individuals 73,497 20,275 93.772 77,546 17,835 95.381 Tangible Fixed Assots Freehold Land Improvements & Buildings to property Allotments & Gardens Total Cost At 1 Octob8r 2023 Additions 742,368 486,453 677,990 1,906,811 At 30 September 2024 742,368 486,453 677,990 1,906,811 Nel Book Value At 30 September 2023 742,368 486,453 677,990 1,906,811 At 30 September 2024 742,368 486,453 677,990 1,906,811 Freehold land & buildings comprise the William Hobbayne Centre and the land known as William Hobbayne Half Acre Field and the land adjacent thereto. The Hobbayn8 Half Acr8 Field site comprises historic land held by the charity with no known cost. The trustees have adopted a policy not lo depreciate properties that ar8 owner occupied because the value of the property remains stable and increases over time. Page 21
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE NOTES TOTHE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Flxgd Asset Inv8$tmgnt$ Movement in fixed asset investments Llsted equltle$ Investment land and ¢ash and prop¥rty Tolal Market value carried fowrd at 1 Oclobef 2023 Less .' Unrealised gain on revaluation Market value at 30 September 2024 924,959 88,511 1.013.470 4.300,000 50,000 4,350,000 5,224,959 138,511 5,363,470 92 Inve$tmentS All investment assels were h8ld in the UK and compri8&.' 9.2.1 Pormanont Endowment fund Llited Investments and ¢ash Doscrlptlon Hl$torlc cost Market valu• at 30.09.24 Market valu• at 30.09.23 19000 Blackrock Asset Management UK 10000 COIF Charlty Fund Income Units 15460-Ord-Dun8din Income Growth Inv861 Trust- 25p 16500-Ord-Edlnburgh worfd¥Mde Investment T$l- 1 p 8179-Shs-Invesco Global Eqty Income Tst pl¢- 1 p 4000-Ord-JPMorgan Claverhouse IT PIC- 25p 3000 Ord-monks Investment Trust- Sp 44852 Invgslco UK Equity Income UK Z Di8 6500 M&G Equities Inv lor Charities 9SO Ord- Unilevar PIC Ordinary 6000 Ord- Merchants Trust PIC- 25p 18500 Ord- Trilax Big Box REIT plc 1 p Total Pèrmanènt Endowmont Fund 49.600 44.256 18,645 13.392 23,676 24,591 11,538 9.681 14,229 16,538 24,877 25,120 275,945 145,603 202,706 43,906 25,542 24,210 28,240 3S,220 103,518 98,718 45,971 35,340 29,434 818,407 136,245 186,438 41,587 23,001 19,771 26,800 28,260 93,144 93,017 38,589 32,340 25,863 745,OSS 9.2.2 Exyndabl• Endowm•nts Llstsd Invostmonts and ca¥h Hl¥torl¢ ¢04t Mark•t valu• at 30.09.24 Markèt valu• at 30.09.23 28000 Llontrusl Inv8Stmgnt Funds 11000 Ord- Temple Bar Investment TrLts15p 15000 Inlemalional Public Partnership Ord 1p 15000 Ord-HICL Inlrastruclure Co Ord 1 p 10000 Ord- Murray International Trust 25p 4000 Ord-Edlnburh Investment Trust 25p 8000 Ord-IMPAX Environmental Markets 10p Subtotal 24,753 2S,767 23,440 24,924 24,639 24,S27 19,979 168,029 39,249 29,315 19,260 19,800 25,650 30,000 31,480 194,754 36,061 25.960 18,570 18,600 23,750 26,720 29.680 179.342 Cash held wlthln Investment portfollo 309 562 Total Exp•nd•blè Endowments 195,063 179,904 TOTAL INVESTMENT FUNDS 1,013,470 924.959 Pag8 22
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Investment land and property Hlstorlc cost Market value at 30.09.24 Market value at 30.09.23 25 Golden Manor 561,185 3,475.000 3,475,000 1 B St Marks Road 772,000 875,000 825,000 1,333,185 4,350,000.00 4,300,000 A market appralsal was carried out in June 2Q25 by Dowe Sales and Lettlngs. The Trustees conflrmed that the value of 25 Golden Manor Road remains unchanged sinc8 30 S8plomb&r 2022, based ot) comparable local sal&s. Tha mafkel value reflg¢t$ Ihg individual valuation of eacl) ol the 9 flats wlhin the property. The valuation of 1B Sl Marks Road was updated on 20 June 2025, th the market value increased to £875,000, based on comparable local $818s and current rnarket condltions, 10 D•btors 2024 2023 Trade debtors Sundry deblofs Prèpayments 3,042 23,440 10,637 37,119 14,339 21,050 9.609 44.998 11 Cr•dltor¥ amounts falllng du• wlthln on• 2024 2023 Tenants deposits Rents received in advance Other creditors Wages & social security Grants payablg Accruals Penslon fund Allotments Maintenanc8 Fund 18,717 17,t06 20,077 936 736 533 9,125 139 1,363 50.034 16871 736 $33 10,000 29,298 12 Cash Jt bank and In hand 2024 2023 Short term deposits Cash al bank Cash in hand Matalan vouchers 103.048 29,292 224 4,974 137,537 97,1 S1 S5,6SS 4.546 157.506 Page 23
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 13 Funds 13.1 Analysis of ¢haritsblg funds- current year Permanent Endowmgnt Funds Expendablè Unrestrl¢ted Endowmont Income Funds Funds Total Funds Balance brought forward Incoming resources Re50UTce5 expended Gain on revaluation on investment propertie5 Gain on investment shares Fund carrled forw8rd 1,649,789 5,545,716 267,999 1275,111} 88,735 7.284.240 267.999 {275.1111 50,000 88,511 7,415,639 50,000 88,511 5,627,115 1,699,789 88,735 13.2 Analysls ol charltable funds - ¢omparatlv¢ year Pemianent Expendable UnroStrlc&d Endowment Endowmont Incomo Funds Fund$ Funds Total Fund$ Balance brought fOard InGomlng resourc05 Resources expended Fund carried forward 1,570,696 80,884 11,7911 1,649.789 5,601,984 202,432 {258,7001 5,545,716 88,735 7,261,415 283,316 1260.4911 7,284,240 88,735 13.3 N•t assfjts by fund- ¢urr•nt year Pemianent Endowment Funds Expendable Unrestrfcted Endowment InGomg Funds Funds Total Funds Tangible fixed assets Flxed asset investments Investment land & property Net current assets Total funds 1,906,811 195,063 3,475,000 50,241 5,627,115 1,906,811 1,013,470 4.350,000 145,358 7.415,639 818,407.15 875,000.00 6,382 1,699,789 88,735 88.735 13.4 Net 0$$ots by fund- comparatlve year Parmanent Endowment Funds Expendable Unrg$tri¢tsd Endowrnent Income Funds Funds Total Funds Tangible fixed assets Fixed asset investments Investment properties Net current assets Total funds 1,906,811 179,904 3.475,000 40,167 5.601,882 1,906,811 924,959 4,300,000 152,470 7,284,240 745,055 825,000 23,568 1,593.623 88,735 88.735 Page 24
THE ELEEMOSYNARY CHARITY OF WILLIAM HOBBAYNE NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024 13.5 Unrestrlcted Income fvndsldesSgnated funds The fund5 contain monies set aside for emergency repairs and m3Trnten8nce ol Ih818nd and property assets of the ¢harity, namely 25 Golden Manor, The William Hobbayne Centre, the Billets Hart allotments and the William Hobbayng Comrnunity Garden8. The balan¢9$ in the Indlvidu81 funds 8$ al 30th S$pt$mbgr 2024 8r8 as follows '. 2024 30,000 40,000 8,000 3.000 7,735 88,735 2023 30,000 40,000 8,000 3,000 7.735 88,735 Emèrgéncy r8pair fund for 25 Goldan Manor Emergency repair fund for The William Hobbayne Centre Maintenance fund lor Billets Hart Allotmènts Maintananc8 fund lor Community Gardens Greeining projects lo maintain the sp8c8s and vegelafjon. Total funds 14 Trusts•$ •nd oth•r R•latèd Partl•s 2024 2023 Trustees relmbursed lor expensès 375 Trustses Submit expense forms and receipts 8nd Ihe 8xpensg8 a sign•d off by tho Clerk and trustee. No trust•8s w•r8 paid 8xpens85 for travel or subsistencè. Page 25